Underdog Fantasy logo
Consumer/Retail
Media/Content

Underdog Fantasy

Innovative fantasy sports gaming experiences

United States· 9 roles · RemoteTexas· 1 role · Remote

CORE INFO

$70M
Total Funding
Series C
Round
2020
Founded
655
Team Size
Brooklyn, New York, United States
Headquarters

Underdog Fantasy offers a dynamic platform for fantasy sports enthusiasts, providing engaging games like Best Ball tournaments and Pick'em contests, along with prediction markets for sports-related forecasts. Their offerings cater to sports fans looking for interactive and innovative gaming experiences.

  • Underdog Fantasy achieved a valuation of $1.23 billion following a Series C funding round led by Spark Capital in March 2025.axios.com
  • The platform has attracted approximately 2 million users as of 2026, reflecting its significant traction in the fantasy sports market.propsbot.ai
  • Axios reported on Underdog Fantasy's Series C funding round, highlighting the company's valuation milestone and growth trajectory.axios.com

WHY WE WOULD WORK AT UNDERDOG FANTASY

Make Sports More Fun

Join a mission-driven team dedicated to enhancing the enjoyment of sports through innovative fantasy gaming experiences like Best Ball tournaments and Pick'em contests.

Rapid Growth Opportunities

Be part of the fastest-growing private sports company in the U.S., with a valuation of $1.23 billion and a user base of approximately 2 million.

Engaging Team Culture

Collaborate with a diverse team of 655 passionate individuals, including former athletes and industry experts, fostering a culture of creativity and innovation.

Innovative Technology

Work with cutting-edge technology in fantasy sports and prediction markets, contributing to a platform recognized for its user-friendly design and sharp lines.

Competitive Compensation

Enjoy attractive compensation packages supported by significant funding, including a recent $70 million Series C round led by Spark Capital.

Impactful Media Network

Contribute to a growing media network that features insights from former professional athletes and coaches, enhancing user engagement and experience.

MARKET AND TRACTION

KEY METRICS

✦ KEY METRIC
  • Valuation of $1.23 billion as of March 2025.

  • Total funding raised amounts to $140 million across multiple funding rounds.

  • User base has grown to approximately 2 million users as of 2026.
  • GROWTH TACTICS

  • Focus on innovative fantasy sports games, including Best Ball tournaments and Pick'em contests, to attract a diverse user base.

  • Development of a media network featuring former athletes and analysts to enhance user engagement and retention.

  • Continuous expansion of product offerings to improve user experience and satisfaction.
  • MARKET POSITION

  • Underdog Fantasy is recognized as the fastest-growing private sports company in the U.S.

  • The company has quickly established itself as a leader in the fantasy sports industry since its founding in 2020.

  • Significant user engagement is evidenced by over 203,000 reviews on the iOS App Store.
  • SERVICES

  • Offers a variety of fantasy sports games, including Best Ball tournaments, Pick'em contests, and traditional fantasy drafts.

  • Provides prediction markets that allow users to engage in sports-related predictions, enhancing the gaming experience.

  • Engages users through a media network that includes content from former professional athletes and sports analysts.
  • COMPETITIVE ADVANTAGE

  • Unique combination of gaming experiences and media engagement sets Underdog Fantasy apart from competitors.

  • Strong focus on user experience with features like faster withdrawals and a well-built app, making it a preferred choice among users.

  • Continuous innovation in product offerings to keep pace with industry trends and user preferences.
  • PRODUCT AND TECH

    Fantasy Sports Games

    Underdog Fantasy offers a diverse range of fantasy sports games, including Best Ball tournaments, Pick'em contests, and traditional fantasy drafts, providing users with multiple ways to engage with their favorite sports.

    Prediction Markets

    The company features prediction markets that allow users to make various sports-related predictions, enhancing user interaction and engagement within the gaming experience.

    Media Network

    Underdog Fantasy has developed a media network that includes former professional athletes, coaches, and analysts, aimed at enriching user engagement and providing insightful sports content.

    User Engagement Metrics

    With over 203,000 reviews on the iOS App Store and a user base of approximately 2 million, Underdog Fantasy demonstrates significant user engagement, indicating the popularity and effectiveness of its offerings.

    Innovative Gaming Experiences

    The company's mission focuses on creating innovative and enjoyable gaming experiences, positioning Underdog Fantasy as a leader in the rapidly evolving fantasy sports industry.

    COMPANY CULTURE

    Values

  • Innovation in creating engaging products for sports fans

  • Commitment to making sports more fun

  • Emphasis on user engagement and experience

  • Collaboration with former athletes and analysts to enhance offerings

  • Focus on accessibility in fantasy sports gaming
  • Operating Principles

  • Foster a culture of creativity and experimentation

  • Encourage open communication and feedback among team members

  • Prioritize user-centric design in product development

  • Maintain agility in adapting to market trends and user needs
  • Benefits

  • Competitive salary and equity options

  • Flexible work arrangements to support work-life balance

  • Opportunities for professional development and growth

  • Access to exclusive sports events and experiences

  • Health and wellness programs to support employee well-being
  • Team Cadence

  • Regular team meetings to align on goals and projects

  • Monthly all-hands meetings to celebrate achievements and share updates

  • Weekly check-ins to foster collaboration and address challenges
  • Learning & Growth

  • Continuous learning opportunities through workshops and training

  • Mentorship programs pairing employees with industry experts

  • Encouragement of participation in industry conferences and events
  • COMPENSATION SNAPSHOT

    D
    Comp score vs cohort
    vs. Consumer/Retail · Series C · US
    Based on publicly available compensation ranges from job postings; exact compensation may vary.
    Marketingn = 6
    $94K – $120Kmedian $107K
    Aggregate
    US-only in v1 · only categories with n > 2 shown · in-person / hybrid / remote treated separately where n ≥ 3

    HIRING SIGNAL

    10
    Open roles on their careers page
    Snapshot via live ATS poll
    —
    Net new roles in the last 90 days
    Available once weekly history accrues
    90-Day VelocityV2 · BACKFILL
    Trend builds weekly as historical rows accrue
    By Function
    Breakdown of open roles
    Data · 3
    GTM · 2
    Design · 1
    G&A · 1
    Operations · 2
    Engineering · 1
    Top Locations
    Where hiring is concentrated
    Remote-eligible postings counted separately
    United States/Remote
    9
    Texas/Remote
    1
    SourcesGreenhouseLeverAshbyWorkableSmartRecruitersRipplingRecruiteeFallback · Wellfound, YC Work-at-a-Startup, careers-page scrape

    KEY COMPANY ANNOUNCEMENTS

    Filter
    8 announcements · ranked by importance
    Mar 26, 2025FUNDINGScoop: Sports app Underdog now valued at $1.2 billionaxios.com
    Jul 26, 2022FUNDINGFantasy Sports App Underdog Raises $35 Million Series B Funding Roundsportsbusinessjournal.com
    Sep 4, 2025INTERVIEWBetting on product to win in f…–Masters of Scale – Apple Podcastspodcasts.apple.com
    Mar 18, 2025INTERVIEWTrevor John, co-founder of Underdog Fantasy, on the business model of fantasy sportssacra.com
    Sep 16, 2025EXEC HIREUnderdog Makes C-Suite Hires, Embarking on Next Phase of Growthunderdogsports.com
    Jun 14, 2023FOUNDER PROFILEUnderdog's Jeremy Levine Zeroing In On Sports Betting Industryusbets.com
    Jun 7, 2024CUSTOMER WINUFL Names Underdog As League's Official Daily Fantasy Partnertheufl.com
    Feb 22, 2023PRODUCTUnderdog Fantasy Launches Basketball Insider Show Gil’s Arenaunderdogsports.com